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Investors should expect another U.S. stock-market rally if the Republican tax bill passes since the market has not fully baked it in, a strategist at UBS says. Keith Parker, a strategist at UBS who has a 3,300 target on the S&P 500 for 2018, said only 35-to-45 percent of the tax plan is priced into

Quarles is President Donald Trump’s choice to oversee the national banking system, and the first-ever vice chair for supervision. He has been vocal about rolling back regulations put in place following the 2007 recession. Quarles declared owning more than $1 million in Wells Fargo stock in June. He sold his holdings following his confirmation, according

Investors can make gifts of their bitcoin to a donor-advised fund, collect a charitable giving deduction for their 2017 taxes, and then make grants when they are ready. This way, donors can also avoid the capital gains bite they’d incur if they sold their bitcoin. Generally, the deduction for charitable contributions is limited to 50

Market strategists worry that the inflow of money could signal that the rally is getting old and finally dragging the last bears in off the sidelines, a classic capitulation sign. “As the stock market continues to soar, it is attracting more money into stocks. That’s what usually happens during melt-ups,” Ed Yardeni, founder of Yardeni

Fitbit won’t be profitable and will continue to burn through cash next year, Stifel said as it downgraded the company’s stock to a sell rating. The company that once ignited a boom in fitness trackers hasn’t innovated enough to keep consumers interested, Stifel wrote. Plus, it said Fitbit hasn’t unlocked any meaningful business in the

“…There would be a significant topline offset, if 5 to 10 percent of those costs are shifted,” he noted. Lee also points to a curious case to be made for FANG, based on its history of disappointing in ‘even’ years. “Since 2006, $100 invested in FANG in odd years would have turned to $1,487 [15X]

A leading indicator for stocks just entered a death cross, but the traditionally ominous signal might not be as scary as it’s cracked up to be. The high-yield corporate bond ETF, the HYG, has fallen 2 percent from its 52-week high, with its short-term 50-day moving average crossing below its long-term 200-day moving average (the

The first week of Cboe’s bitcoin futures trading was relatively stable, except for a sudden drop Wednesday afternoon. It turns out that was the same day one of the largest brokerages trading the futures, Interactive Brokers, began allowing clients to short, or bet against, the futures. “The introduction of short sales was necessitated by the

Traders can use call options to capitalize on a stock’s move higher while simultaneously limiting their downside risk. If Micron doesn’t hit $48 by next Friday the traders will only lose the price they paid for the call option – typically a fraction of what it would cost to buy the stock – plus the

CNBC’s Jim Cramer questioned Friday whether Republicans would be able to pass their tax overhaul bill this year — or if concerns from within the party about the legislation would cause them to fall short, like in their attempt to repeal Obamacare. Cramer spoke just hours before GOP leaders on Capitol Hill were expected to

Investors are scrambling to determine which companies will benefit most from President Donald Trump‘s policy initiatives, including the current Republican plan for tax cuts. JPMorgan’s top analysts weighed in on the discussion, with Dubravko Lakos-Bujas – the bank’s head of U.S. equity strategy – telling clients that corporate tax cuts spell a “goldilocks” scenario for

Nike shares have moved into high gear, surging nearly 30 percent this year to their highest level since 2016, and Larry McDonald of the Bear Traps Report says the Dow stock may have run too far, too fast. The athletic apparel maker has been on a tear this week, rallying nearly 6 percent and outperforming

The mission brings about 2½ tons of crew supplies and scientific payloads to the space station. Dragon will travel for two days before it attaches to the orbiting establishment, returning about one month later to Earth. NASA officials announced the CRS-13 would be on a previously flown booster, saying in a press conference before the

Luke Sharrett | Bloomberg | Getty Images A shopper carries a Whirlpool KitchenAid mixer inside a Best Buy store in Louisville, Kentucky. Goldman Sachs believes retail stocks will be big winners of the tax overhaul. The current dealfeatures a corporate tax rate reduction to 21 percent from 35 percent, starting in 2018, and a top

Jeffrey Zucker, co-founder of Green Lion Partners, a cannabis strategy firm, said the fact that most dispensaries are only able to accept cash poses dangers for buyers and sellers. He said he knows of a family that owns a dispensary and was recently robbed, losing all their cash for the day. “It’s an unnecessary risk,”

Getty Images A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange (NYSE) on October 17, 2017 in New York City. However, “most people really are bearish,” said Bernstein, former chief investment strategist at Merrill Lynch. “Everybody is scared of the equity market, and they think that 2008

The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Twitter. Karen Finerman was a buyer of Golar LNG. Brian Kelly was a buyer of iShares Russell 2000 ETF. Dan Nathan was a seller of Goldman Sachs. Trader disclosure: On December 14, 2017, the following stocks and

Advice from a financial advisor and accountant can be key in helping you figure out whether to take the lump sum or the annuity, if it makes sense to quit your job and how much you’ll have left after taxes for saving and spending. (That last line item is notably absent from how winners in

But it’s unlikely the CFPB will take an active role in regulating lawsuit lenders under acting director Mick Mulvaney, or under a future permanent director appointed by President Donald Trump, said Nora Freeman Engstrom, professor of law at Stanford Law School. “At least in the near term, if there’s going to be protection for consumers

Getty Images A Costco store in Richmond, Calif., March 6, 2014. Retailer Costco Wholesale on Thursday reported quarterly profit and revenue that beat analysts’ estimates, as its investments in online business paid off. The membership-based retail chain has been investing heavily to bolster its e-commerce capabilities, launching initiatives such as two-day delivery on dry groceries